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AS it has broken triangle previously and now in my opinion printing a bull flag. So lets what happens in next 2 weeks
Currently Bearish Scenerio as
1. bearish wedge of RSI at 15m and 6h tf.
2. Also rising wedge at 15tf.
3. Kind of Bearish Flag Printing
Sell Areas - 11350,11388,11406
Take Profit - 11319,11284,11235
Stop Loss - 11461
It will retrace a little and TP is 11427 . With SL -11619
After very small correction it will touch 11500 again.
From January 1st 2020 to 17Sep 2020 , my analysis have profit factor 1.7 . So i am expecting swing short.
Triangle is at last stage and bollinger bands are so much squeezed........
Anytime movement can happen ..
I expect Fake Pump then dump hard on sunday.
Buy in dip as it will touch 8k
still bearish in 1D chart
i storngly believe the triangle will be broken on down side.
Am bearish for the moment.
I am Mid term Bearish. just expecting some squeeze up to grab liqidity before further move down